Florida Senate Bill 802 / Florida House Bill 7047

Hello, my name is Myers Jackson, President of the Florida Auctioneers Association. I am in opposition to Senate Bill 802 and House Bill 7047. First and foremost, I stand against the complete deregulation of Florida’s Auction Industry and the license requirements therein. Auctioneer’s have full fiduciary responsibilities, including undivided loyalty, with no undisclosed conflicts of interest.

Florida Senate Bill 802 / Florida House Bill 7047:

Reasons Important to me.

Myself and many other Auctioneers will loose reciprocal rights of licensure in many other states that require an Auctioneers license. This will have a tremendous effect of the livelihood of hundreds of Auctioneers who travel and work in other States around the nation. For 17 years I have upheld the requirements under the license law. I strongly feel that there is need for public protections. Additional I feel the need for the public to understand the impact Auctioneers have when dispersing assets. Business owners, collectors and people in general have spent a life time building wealth and may times this wealth are in the hands of an Auctioneer. In addition Auctioneer education is important, the more an auctioneer is aware of the business standards and regulation the better the consumer will be served.

Florida Senate Bill 802 / Florida House Bill 7047: Who this affects

As a matter of fact Auctioneers help resolve family problems and engage in many estate sales, divorce and other family situations. Auctioneers interact on behalf of many Bankruptcy Courts. Business liquidations of all shapes and size are in the hands of Auctioneers. In these many circumstances auctioneers not only mark values of many type of assets, Auctioneers insure the protections of consumers with oversight through regulated industries. The change in the current regulation not only effects large numbers of Auctioneers, it will effect thousands of consumers and business statewide.

Florida Senate Bill 802 / Florida House Bill 7047:

Takes away Auction Commission Oversight

The Auctioneer often takes possession of equipment, estates, collections, personal property, and more and is charged with liquidating those assets in a way they receive optimum exposure for price discovery. Actually Auctioneers are not the market barometer, however Auctioneers allows the public to set the market. With that said the Auctioneer then insures the consumer will be properly enumerated in the appropriate manner. Given these points, oversight to regulate our industry is important not only to Auctioneers but the people of Florida. The proper regulation for accountability is a must and should not go overlooked by any person with the duty to protect.

Florida Senate Bill 802 / Florida House Bill 7047:

More Insight about Auctioneers

Photos from a Day on the Hill, In Tallahassee Florida

The Auctioneer is also required to maintain inventories, provide accounting of assets, keep and manage an Escrow account, and pay clients in a timely manner. They are prohibited from comingling funds of Escrow and required to disperse accrued interest when earned.

There is a great deal more to the Auction Profession than just the excitement of the chant, and rhythmic calling of bids. I ask for your support in defeating Senate Bill 802 and House Bill 7047, or at minimum, amending the bill to exclude Auctioneers, Auction Licensure, and Board of Auctioneers from this bill. Senate Bill 1396 is an excellent alternative to Senate Bill 802 and I would appreciate your consideration of this bill as an option.

I would be happy to visit further with you, to answer any questions that may help you make a more informed decision when this bill is discussed in committee.

Florida Senate Bill 802 / Florida House Bill 7047:

Many of my colleagues in the Florida Auctioneers Association have spent decades promoting the integrity of the Auction Profession within the State of Florida. 50 Years this organization has been dedicated to serving the people of the Sunshine State. We ask that you help preserve the rights and common welfare of the consumers we all work for.

Author: Myers Jackson

Myers Jackson Auctioneer and Photographer. I enjoy traveling meeting new people. I help other sell their property including real estate and the personal and business property. While I am working for these fine folks I get out my camera and start taking it all in one frame at a time.

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About Us

Myers Jackson is an Accredited Auctioneer of Real Estate. He holds a Certified Estate Specialist Designation and is also a member of Certified Auctioneer Institute. Myers specializes in property sales and is an Auction Technology Specialist. He has advanced training in search engine optimization and superb marketing skills. This training integrated with social media applications allows buyers and sellers to access highly visible results.